In June 2013, the company received an undisclosed amount of funding from In-Q-Tel, the technology accelerator of the US government's Central Intelligence Agency (CIA). Previously, Narrative held a $6m series A round in 2011, backed by Battery Ventures as the sole participant. Regulatory filings showed Narrative raised $3m in 2012 and a further $550,000 in April 2013.

Narrative Science will use the new funding to increase its investment in Quill, the company's patented automated authoring platform, and continue to build out its sales and marketing organization.

Sach Chitnis, managing director of Jump Capital, said: "We are impressed with Narrative Science's approach to addressing the problem of data overload and are pleased that the company's solutions have already gained traction in both government and commercial markets.”